on november 1,2020, nightingale sold land to bluebird company in exchange for a 750000 non-interest bearing note due on november 1, 2030. the prevailing rate of interest for a note of this type was not available. the cost of the land to nightingale was 250000. nightingale would have accepted 558070 in cash for the land. calculate the gain on sale that nightingale will record from the sale of the land. indicate the interest rate implicit in the note receivable. calculate interest revenue recorded in the december 31, 2020 income statement. indicate the carrying value of the note receivable reported on the december 31, 2020 balance sheet. indicate the total interest revenue that nightingale will record over the ten year life of the note?